Citigroup Says 42% of Clients Have No Energy Transition Plan
Crude oil prices traded slightly…
UK oil major Wood Group…
Spring brings higher gas prices…
I described last month how one country on the planet recently bucked the trend of declining petroleum drilling: Ireland, which saw a record number of bids…
A year after OPEC sent oil markets spiraling out of control, the group may have sparked another round of bearishness for crude. OPEC failed to agree…
With prices below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now…
OPEC is the ultimate cartel, it was formed to get its members a better price for their product than the free market would allow, and the members did that by…
The critical figures and data in the energy markets this week reveal a further decline in North American oil rigs as natural gas rigs increase slightly.Oil prices took a…
Rumors are swirling that the rare metals space is close to an unusual joint venture deal. One that shows how alternative financing arrangements are continuing to…
The Venezuelan government suffered a huge electoral loss on December 6. The opposition won a majority of seats in the parliament, a striking blow to Venezuelan…
The day of reckoning has arrived for the oil price with the head and shoulders pattern I have been tracking for two months finally being completed…
Marathon Oil announced on December 2 its decision to abandon a key deep-water oil project in the Gulf of Mexico. The well that Marathon had…
Into the second week of the month we go, and we see the usual dearth of economic data that follows Nonfarm Friday. The only release of note overnight was a…
Oil prices underwent a wild ride in the lead up to the OPEC meeting in Vienna on December 4, and the markets gyrated as OPEC sent…
In another sign of the turbulent times for the renewable energy sector, Spain’s Abengoa has declared bankruptcy. The bankruptcy is notable for several reasons. First, it suggests how difficult…
OPEC’s decision at its semi-annual meeting in Vienna on Friday not to cut production but to legitimize its overproduction shows that the group is determined at…
Kinder Morgan is a buy today, as the shares are being sold in a panic. First – let’s talk about panic. Because I’ve gotten more stressed…
As I write, we have just received news from the meeting of OPEC oil ministers taking place in Vienna. The production cut that some were hoping…
In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll…
Crude oil prices settled the week lower after OPEC announced…
First of all, we take a look at this week's key figures for the oil & gas industry. We see that U.S. oil production is slightly up, whereas oil futures…
Given it is ‘National Dice Day’, it is apt that OPEC has left it to chance how the market will react to an adjustment to its…
You really know business is tough when success is measured by suffering less than others. But so it goes as the North American oilpatch enters its second year of a…